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Arkansas Corn Market Report for October 12 -16, 2020
Author: Bob Stark, Agricultural Economist

By Bob Stark, Agricultural Economist and Jason Kelley, Professor and Extension Agronomist – Wheat and Feed Grains

The Arkansas No. 2 Yellow Corn Cash Market continued to strengthen during the past week after falling 4 cents over the weekend (Figure 1).  The market did not conduct business on Monday due to the Columbus Day holiday and opened trading on Tuesday at $4.05, a 10 cent gain over the statewide average opening price of the previous week opening day.  Price rose 6 and 7 cents, respectively, on Wednesday and Thursday before giving back 2 cents on Friday.  The Friday closing statewide average stood at $4.16, an overall 7 cent gain from the previous week closing average.  Highest daily individual market price for the past week was $4.26 at West Memphis on Thursday.  Low quote of the week was $3.96 at Little Rock on Monday.  Seven markets provided quotes each trading day during the past week.  Prices for the closing on Friday from the seven reporting markets ranged from a low of $4.07 at Little Rock to a $4.25 high at Osceola.  The closing range of 18 cents was 1 cent wider than the previous week span.

Arkansas No. 2 Yellow Corn Cash market Prices for October 12 – 16, 2020

(Market average prices stated in this report are unweighted averages of the state markets surveyed by NASS.  Price data was based on USDA LR GR111 Arkansas Daily Grain Reports.)

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